The French new government Thursday decided at its first session to cut the president and ministers' pay by 30 percent, ensuring the people that the change has been on track as newly sworn-in President Francois Hollande had promised in his election campaign.

The action demonstrated that the government has taken on a move towards building a more fair and just society and will dedicate itself to address the country's economic problems.

The Socialist government, which was formed on Wednesday after veteran politician Jean-Marc Ayrault sit in as the prime minister, inherited record high unemployment at a rate of nearly 10 percent, zero growth of Gross Domestic Product (GDP) in the first quarter of this year and a more than 30-year unbalanced government book.

Moreover, the European economic crisis is another headache of the new government.

Earlier in a morning interview, newly-nominated Foreign Minister Laurent Fabius told France's channel BFMTV that the first issue topping the government agenda will be to deal with the bloc's debt crisis and open negotiations to add growth clauses to the austerity-oriented fiscal treaty.

"The priority is to advance both the most urgent issues and come to unravel the European crisis," Fabius said, as France wanted to see a "different Europe" that stimulates growth and creates jobs, while Finance Minister Pierrre Moscovici warned that France would not ratify the fiscal treaty if not including the pro-growth measure in it.

By reducing senior officials' salary, the government has "set an example", said Najat Vallaud-Belkacem, the government's spokeswoman at a press conference following the first meeting, adding that the government's mission is to reform the country, overcome privileges and achieve the better-off for its people.

Starting by taking austerity measures over government officials incomes, President Hollande's government counts on adopting a slate of pro-growth approaches to achieve his goal of a balanced budget in 2017.

Under the helm of Socialist Hollande, France targets 0.5-percent growth this year and to accelerate the GDP by 1.7 percent in 2013.